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The vote on Vodafone Wireless deal scheduled for next year by Verizon

December 9, 2013 2:25 pm
Verizon Communications Inc. is an integrated telecommunications company, which is famous for providing wire line voice and data services, as well as wireless services, Internet services, and published directory information. The Federal government, including its business phone lines, data services, telecommunications equipment and payphones is also provided by the network services of the company. The […] Read more

Adobe records volatile profit on the cloud market

December 9, 2013 1:15 pm
August 2011 was critical to Adobe Systems Inc., because this was the time when the top executives of the company discussed the “emerging threat” – the cloud. More and more customers were interested in an upstart competitors software, which was easily accessible on the Internet and which, on the other hand, had quite a negative […] Read more

The QBE share price goes down as they expect profits in 2014

December 9, 2013 9:54 am
QBE Insurance Group Ltd. is currently the largest insurer in Australia, unfortunately announced that it would record a loss this year after dropping by more than one-fifth of its shares value. The losses of the company are due to its problematic business in the U.S., as well as to higher provisions and writedowns. Some of […] Read more

Google starts price war by squeezing the Moto G’s margins

December 9, 2013 8:37 am
A new recent analysis has shown that Motorola, which is owned by Google Inc., is currently selling its new Moto G smartphone at a lower profit margins than its competitors ones. Most market specialists believe this will put a pressure on both Apple Inc. and Samsung Electonics Co., which are considered the leaders on the […] Read more

Shell drops plans for a GTL plant in the U.S.

December 6, 2013 2:34 pm
Royal Dutch Shell has been planning to make a multibillion-dollar investment by building a flagship plant in the U.S. The initial idea of the company was to use the plant to convert natural gas into diesel and jet fuel. However, Shell was obviously concerned about the costs of the project and has recently dropped the […] Read more

General Motors’ Chevrolet being withdrawn from the European market

December 6, 2013 10:23 am
General Motors Co. is the worlds second-largest automobile company, which develops, manufactures and markets cars, trucks and parts. The company announced that it will withdraw its Chevrolet brand from the car market in Europe. This is the outcome of a 10-year-long brand strategy, which proved itself unsuccessful to make a commitment with the customers of […] Read more

Honda uses dealer incentives to increase sales in U.S.

December 6, 2013 8:57 am
Although Honda Motor Co. performed quite poorly in its November sales, it still hopes to recover its positions by offering some great cash incentives to U.S. Dealers in order to boost their business during the holiday season. On Wednesday the company announced that it would pay 3,000-dollar bonuses for every vehicle sold above its total […] Read more

Challenge accepted: Samsung selling phones to enterprises

December 5, 2013 2:34 pm
Samsung Electronics Co. is the biggest smartphone seller in the world. However, being a South Korean technology giant is not sufficient enough in order to win more corporate and government customers to the company. Now Samsung faces a new challenge – building a reliable customer-service network especially for businesses, and of course, developing a security […] Read more

General Motors completes sale of Ally Financial Inc.

December 5, 2013 12:38 pm
General Motors Co. has made an important move that may turn out to be quite helpful as U.S. Government considers different options for its own shares in the company. The remaining stake in Ally Financial Inc., which is a former lending subsidiary company, is being sold by General Motors. Nowadays Ally Financial Inc. is one […] Read more

China Mobile and Apple sign a long-awaited deal

December 5, 2013 9:20 am
A long-awaited deal between Apple Inc. and China Mobile Ltd. has been signed. The tie-up concerns the distribution of iPhones on China Mobiles network, and will have literally a push-up effect on the Apples sales on the Chinese market – the worlds largest mobile market. The arrangement will give Apple access to more than 700 […] Read more